Keurig Dr Pepper to Acquire Peet's in $18 Billion DealAfter the takeover, the company will split into two businesses, one focusing on coffee and one on soft drinks.
Source: Keurig Dr Pepper to Acquire Peet's in $18 Billion Deal (https://www.nytimes.com/2025/08/25/business/keurig-drpepper-peets-coffee-drinks.html)